TCFC Finance Ltd
TCFC Finance Limited is registered as a Non-Banking Finance Company. It was incorporated in 1990 as an Investment Company and is engaged in the business of investments in equity, debt, mutual funds, real estate, etc. It is also engaged in proprietary trading of securities in equity, both in cash and future segments and actively participates in Initial Public Offers of Companies. It also invests in mutual funds of all types so as to have a balance of its portfolio which would garner it high returns with adequate safety. [1]
- Market Cap ₹ 35.6 Cr.
- Current Price ₹ 34.0
- High / Low ₹ 49.3 / 28.6
- Stock P/E 9.43
- Book Value ₹ 93.5
- Dividend Yield 3.53 %
- ROCE 8.22 %
- ROE 6.46 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 0.36 times its book value
- Stock is providing a good dividend yield of 3.53%.
Cons
- The company has delivered a poor sales growth of -39.0% over past five years.
- Company has a low return on equity of 5.87% for last 3 years.
- Earnings include an other income of Rs.1.57 Cr.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Finance Industry: Finance & Investments
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
223.60 | 280.38 | 220.67 | 190.92 | 118.52 | 196.51 | 86.70 | 69.54 | 5.98 | 1.23 | 11.65 | 7.31 | 3.37 | |
213.64 | 278.77 | 221.04 | 184.63 | 111.86 | 192.39 | 82.00 | 64.53 | 1.15 | 1.78 | 1.07 | 1.22 | 1.20 | |
Operating Profit | 9.96 | 1.61 | -0.37 | 6.29 | 6.66 | 4.12 | 4.70 | 5.01 | 4.83 | -0.55 | 10.58 | 6.09 | 2.17 |
OPM % | 4.45% | 0.57% | -0.17% | 3.29% | 5.62% | 2.10% | 5.42% | 7.20% | 80.77% | -44.72% | 90.82% | 83.31% | 64.39% |
2.00 | 0.00 | 0.01 | -0.02 | 0.00 | 0.00 | -11.00 | 0.00 | 0.26 | 0.16 | 0.49 | 1.81 | 1.57 | |
Interest | 0.00 | 0.00 | 0.00 | 0.03 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Depreciation | 0.04 | 0.04 | 0.03 | 0.04 | 0.03 | 0.04 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 |
Profit before tax | 11.92 | 1.57 | -0.39 | 6.20 | 6.62 | 4.08 | -6.33 | 4.98 | 5.06 | -0.42 | 11.04 | 7.87 | 3.71 |
Tax % | 16.02% | 33.76% | 0.00% | 18.06% | 17.37% | 15.93% | -12.01% | 22.09% | 23.91% | 121.43% | 13.59% | 21.60% | |
Net Profit | 10.01 | 1.05 | -0.40 | 5.08 | 5.47 | 3.43 | -7.09 | 3.88 | 3.84 | 0.09 | 9.54 | 6.18 | 3.78 |
EPS in Rs | 9.55 | 1.00 | -0.38 | 4.85 | 5.22 | 3.27 | -6.76 | 3.70 | 3.66 | 0.09 | 9.10 | 5.90 | 3.60 |
Dividend Payout % | 15.70% | 0.00% | 0.00% | 30.94% | 28.74% | 45.83% | 0.00% | 40.52% | 40.94% | 0.00% | 16.48% | 20.35% |
Compounded Sales Growth | |
---|---|
10 Years: | -31% |
5 Years: | -39% |
3 Years: | 7% |
TTM: | -66% |
Compounded Profit Growth | |
---|---|
10 Years: | 19% |
5 Years: | 20% |
3 Years: | 17% |
TTM: | -53% |
Stock Price CAGR | |
---|---|
10 Years: | 7% |
5 Years: | 0% |
3 Years: | 17% |
1 Year: | -22% |
Return on Equity | |
---|---|
10 Years: | 5% |
5 Years: | 5% |
3 Years: | 6% |
Last Year: | 6% |
Balance Sheet
Figures in Rs. Crores
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
10.48 | 10.48 | 10.48 | 10.48 | 10.48 | 10.48 | 10.48 | 10.48 | 10.48 | 10.48 | 10.48 | 10.48 | |
Reserves | 65.85 | 66.90 | 66.49 | 69.74 | 73.29 | 74.83 | 67.73 | 69.72 | 75.20 | 73.38 | 82.93 | 87.56 |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
2.27 | 0.40 | 0.37 | 2.16 | 2.29 | 2.32 | 0.51 | 2.34 | 2.03 | 1.56 | 3.09 | 4.69 | |
Total Liabilities | 78.60 | 77.78 | 77.34 | 82.38 | 86.06 | 87.63 | 78.72 | 82.54 | 87.71 | 85.42 | 96.50 | 102.73 |
0.30 | 0.27 | 0.24 | 0.18 | 0.30 | 0.26 | 0.24 | 0.23 | 0.21 | 0.18 | 0.17 | 0.14 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 1.93 | 19.28 | 8.69 | 12.64 | 10.42 | 10.42 | 10.42 | 10.42 | 9.01 | 9.01 | 8.95 | 8.50 |
76.37 | 58.23 | 68.41 | 69.56 | 75.34 | 76.95 | 68.06 | 71.89 | 78.49 | 76.23 | 87.38 | 94.09 | |
Total Assets | 78.60 | 77.78 | 77.34 | 82.38 | 86.06 | 87.63 | 78.72 | 82.54 | 87.71 | 85.42 | 96.50 | 102.73 |
Cash Flows
Figures in Rs. Crores
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-6.70 | 17.77 | -3.11 | -8.31 | -1.98 | 0.02 | 0.10 | 0.05 | 0.81 | 0.71 | -1.14 | 0.38 | |
8.89 | -16.22 | 13.40 | -2.22 | 2.04 | 0.00 | -0.01 | -0.02 | 1.04 | 1.23 | 1.17 | 1.15 | |
-2.37 | -1.80 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -1.89 | -1.89 | 0.00 | -1.57 | |
Net Cash Flow | -0.18 | -0.25 | 10.29 | -10.53 | 0.06 | 0.02 | 0.09 | 0.02 | -0.05 | 0.05 | 0.03 | -0.04 |
Ratios
Figures in Rs. Crores
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 6.56 | 2.59 | 0.00 | 0.04 | 0.00 | 0.00 | 0.00 | 0.00 | 6.71 | 0.00 | 0.00 | 1.50 |
Inventory Days | 111.96 | 66.07 | 96.62 | 114.59 | 207.92 | 123.45 | 301.26 | 404.85 | ||||
Days Payable | 0.17 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||
Cash Conversion Cycle | 118.35 | 68.66 | 96.62 | 114.63 | 207.92 | 123.45 | 301.26 | 404.85 | 6.71 | 0.00 | 0.00 | 1.50 |
Working Capital Days | 119.60 | 74.67 | 94.56 | 106.98 | 189.31 | 116.79 | 281.31 | 359.54 | 4,727.30 | 20,763.46 | 2,662.15 | 4,614.68 |
ROCE % | 16.50% | 2.04% | -0.51% | 7.95% | 8.09% | 4.83% | 5.71% | 6.29% | 6.10% | -0.50% | 12.46% | 8.22% |
Documents
Announcements
- Board Meeting Outcome for OUTCOME OF BOARD MEETING ON 11TH AUGUST, 2022 2d
- Disclosure of Voting results of AGM (Regulation 44(3) of SEBI (LODR) Regulations, 2015) 10 Aug
- Shareholder Meeting / Postal Ballot-Scrutinizer''s Report 9 Aug
- Shareholder Meeting / Postal Ballot-Outcome of AGM 8 Aug
- Board Meeting Intimation for For Approval Of Unaudited Financial Results For The Quarter Ended 30Th June, 2022 2 Aug
Annual reports
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Financial Year 2022
from bse
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Financial Year 2021
from bse
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
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Financial Year 2011
from bse
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Financial Year 2010
from bse
FY21 revenue segments[1]
The large jump in revenue from operations was due to net gain on fair value changes of 10.46 cr. Out of this, 22.16 lacs was realized gains with the remainder amount being unrealized.[2]
Interest Income: 1.05 cr. vs 1.02 cr. in FY20
Dividend Income: 13.29 lacs vs 21.3 lacs in FY20